WHUT (Howard University Television)
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Sep 27, 2012
09/12
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one of the big problem for spain is of the region. regional debt is now becoming central with government debt. that is the question i asked at its -- experts earlier. on top of delivering the budget and structural reform, and madrid get back in line these regions? >> that is a very important question, particularly right now, because what we have heard this week of course is up in the north of spain, there is more talk about autonomy. the protests in barcelona a week ago. an awful lot of people asking for autonomy but that region is one of the more economic viable and they want more control over their purse strings, they don't want to necessarily see subsidies to the rest of spain. the worst time possible for the prime minister. he's now got a question about regions going for more autonomy. >> so, the spanish prime minister has its problems and the eurozone has its problems. the problem is, this is the backdrop upon which real business is going to have to make money. the paris car show starting today. what is the mood? >> the car manuf
one of the big problem for spain is of the region. regional debt is now becoming central with government debt. that is the question i asked at its -- experts earlier. on top of delivering the budget and structural reform, and madrid get back in line these regions? >> that is a very important question, particularly right now, because what we have heard this week of course is up in the north of spain, there is more talk about autonomy. the protests in barcelona a week ago. an awful lot of...
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Sep 28, 2012
09/12
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FBC
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>> i noticed the dollar going back and forth with the news of what we heard in spain. the dollar got jostled, by the end of the day the dollar is very strong again. david: let's talk about rim. the most important stock of the day. yesterday after hours it was trading up 18%, 5% bump is not bad at all but why did it come off of the 18% high? >> you have to think people are taking profits. rim has been under so much pressure. this week it is doing great. more subscribers, library 10, and more apps. liz: speaking of apps, apple issuing an apology over the mapping service that didn't quite work out. that's like having a little bit of a rough week. >> tim cook saying i am sorry, the maps are not up to our company standards, we are working on them trying to improve it. david: and we will be talking about facebook. let's take a look at the bells ringing on wall street. liz: let's take a look and see how the stock finished up, dow jones industrials did not finish up, they finished down about 51 points, but remember we were down 100 points plus earlier today but came back, retr
>> i noticed the dollar going back and forth with the news of what we heard in spain. the dollar got jostled, by the end of the day the dollar is very strong again. david: let's talk about rim. the most important stock of the day. yesterday after hours it was trading up 18%, 5% bump is not bad at all but why did it come off of the 18% high? >> you have to think people are taking profits. rim has been under so much pressure. this week it is doing great. more subscribers, library 10,...
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Sep 19, 2012
09/12
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CSPAN
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they read about france and italy and spain. i am making this issue topical for the american people. the economy is the prime issue and number two is the deficit. they recognize we cannot go on forever like this. recognize thist tend to be democrats. we want to get the people in the middle and have them understand how a important this is. i did the calculation and "usa today" publishes this every year. if you take the total national debt and unfunded liabilities of medicare and social security, the amount of debt plus unfunded liabilities is $520,000 per household. even though we will not write a check for that amount, they are still paying the interest on that. you will be paying taxes not only for the things you wanted your generation but for all the things we spend money on. it is extraordinary to think medicaree don't change or so security, the tax rate is 15.3%. if we don't change those programs, that tax rate will ultimately have to rise to 44%. then there is income tax. then there is state taxes. you end up having to take 100% of people's income. the other side won't talk abou
they read about france and italy and spain. i am making this issue topical for the american people. the economy is the prime issue and number two is the deficit. they recognize we cannot go on forever like this. recognize thist tend to be democrats. we want to get the people in the middle and have them understand how a important this is. i did the calculation and "usa today" publishes this every year. if you take the total national debt and unfunded liabilities of medicare and social...
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Sep 26, 2012
09/12
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CNBC
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the situation in spain growing even worse because now there's this region in spain, catalonia, has announced there will be a referendum on whether or not they should secede from spain. this is an area that has long had an independence movement but now it's taken on much more strength, vigorous demonstrations in the capital of barcelona just last week. we look to see if and when the spanish government officially will ask for a bailout of some sort. those familiar with the thinking within the government say the prime minister is waiting the see how the markets react to the new budget announced tomorrow. b, how the markets react to the big announcement on friday about how much money their banks are going to need for recapitalization. what will his interest rates do? then he will decide from there. this whole issue of the independence movement in spain, think about this. the eu and the euro was supposed to be about european integration, and yet in spain it looks like it's threatening disintegration. >> catalonia is sort of -- if there was a 1%, that's where they live, right? >> absolutely, that'
the situation in spain growing even worse because now there's this region in spain, catalonia, has announced there will be a referendum on whether or not they should secede from spain. this is an area that has long had an independence movement but now it's taken on much more strength, vigorous demonstrations in the capital of barcelona just last week. we look to see if and when the spanish government officially will ask for a bailout of some sort. those familiar with the thinking within the...
WHUT (Howard University Television)
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Sep 23, 2012
09/12
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but few expect the bailout to be welcomed by spain's people, and spain is the bailout light, will germany -- so vilified here -- by it? -- buy it? >> another week of demonstrations and unrest across the muslim world following a film that is said to mock the prophet muhammed. there was a cartoon also said to mark islamiah. i spoke about the developments with my guest. >> what do you think the west should do? >> i think the west should stand for its principles. i think that president obama, secretary of state clinton, and other leaders across the western world should explain over and over again to their colleagues in arab-muslim countries that what they are demanding is something that date as elected politicians simply cannot give to them. there is constitutionally protected speech. the films we have seen, the cartoons. that is protected in the united states by the first amendment. they just do not have the power to change any of that. the fact that, you know, the secretary of state in the united states saying this film is bad and reprehensible and disgusting -- that is an expression of her
but few expect the bailout to be welcomed by spain's people, and spain is the bailout light, will germany -- so vilified here -- by it? -- buy it? >> another week of demonstrations and unrest across the muslim world following a film that is said to mock the prophet muhammed. there was a cartoon also said to mark islamiah. i spoke about the developments with my guest. >> what do you think the west should do? >> i think the west should stand for its principles. i think that...
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Sep 28, 2012
09/12
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. >> reporter: the focus is going to be on spain. many are questioning whether they can push through these pretty stringent cuts in their budget. spain is going to release the austerity budget plan for next year. it proposes a 50 billion dollar reduction through spending cuts and tax hikes. under the plan ministries are to cut their budgets by an average of 8.9%. public sector labor cost will be reduced by 3.9% through salary freezes. this will be achieved for an increase in the value added tax rate introduced earlier this month and a new tax on lottery winners. with the new budget the government aims to cut the deficit to 4.5% of the gross domestic product in 2013. it aims to lower the rate to less than 3% in 2014 to fulfill its pledge to the european union. observers say the government may face difficulties to achieve its reduction target this year. they site sluggish growth due to a deteriorating economy than many analysts had expected. let's get a check on the market. prices rose in new york overnight as they cheered spain's effo
. >> reporter: the focus is going to be on spain. many are questioning whether they can push through these pretty stringent cuts in their budget. spain is going to release the austerity budget plan for next year. it proposes a 50 billion dollar reduction through spending cuts and tax hikes. under the plan ministries are to cut their budgets by an average of 8.9%. public sector labor cost will be reduced by 3.9% through salary freezes. this will be achieved for an increase in the value...
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does spain need a bailout. we know banks do but does the country as a whole need a bailout? this means it us up to spanish and italians and anyone else who may need help to actually formally request it. but that does nothing, melissa, absolutely nothing to address the bottom line. these countries have overspent. their economies are stuck in neutral or heading backward. and they have got to come up with some way of balancing the books while putting austerity measures in place. as you know that is not always compatible. so i think we could still be years away from the debt crisis being solved. but we do have at least in place from the ecb bought some time if nothing else. melissa: can't come home until you're sure it is really fixed. hope to see you soon. >> i will do my best. melissa: the markets loving the ecb bond buying plan. the dow closed up 224 points. like to bring in scott martin, chief investment strategist at united advisors. great to have you back on the show. you saw the markets move today. is this all that the ecb? were there other factors at play? >> well the ad
does spain need a bailout. we know banks do but does the country as a whole need a bailout? this means it us up to spanish and italians and anyone else who may need help to actually formally request it. but that does nothing, melissa, absolutely nothing to address the bottom line. these countries have overspent. their economies are stuck in neutral or heading backward. and they have got to come up with some way of balancing the books while putting austerity measures in place. as you know that...
WHUT (Howard University Television)
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Sep 20, 2012
09/12
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spain does not want to do that at the moment. but they are prepared to buy the bonds because the ecb is standing by at the moment which keeps bond prices up and the yield down so the market is quite happy. how long is this going to go on for? at the moment, it seems there will be quite a lot of pressure from other eurozone countries for spain to face up to the fact that they will not get their deficit down as quick as they would like. >> pressure from fellow europeans but then on the 21st of october there are regional elections. that is the home base. with those out of the way, we are thinking the middle or the second half of the fourth quarter -- that is when spain will step up and agreed to the conditionality that is necessary for the ecb rescue package. >> the one thing you can take away is you get a sense that they are slightly in control of the situation. it seems from what he was saying that getting pressure from other governments -- they will go down that road of asking for a bailout. >> it all comes down to confidence. >>
spain does not want to do that at the moment. but they are prepared to buy the bonds because the ecb is standing by at the moment which keeps bond prices up and the yield down so the market is quite happy. how long is this going to go on for? at the moment, it seems there will be quite a lot of pressure from other eurozone countries for spain to face up to the fact that they will not get their deficit down as quick as they would like. >> pressure from fellow europeans but then on the 21st...
WHUT (Howard University Television)
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Sep 8, 2012
09/12
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seems like spain and is concentrating his mind. it is there that as it is the greatest chance of a congregation. our economics editor is in madrid. >> this is a significant moment. there is a bailout fund for europe but is not enough to bail out madrid. they needed something bigger and that's something to print money by the ecb and buy out the bonds of italy and spain and anybody else who gets into trouble on an unlimited basis. mariano rajoy, the prime minister will take a lot of convincing because the entire political system has been built on and not taking the bailout, and opposition to the kind of austerity already is growing as i have been finding out this week. there are parts of spain where it would like to make time co backwards. a small town, of course town. -- a horse town. the government is affectively boston needs a billion euros immediately. -- bust and means of building euros immediately. there is an atmosphere of rising protest. last month, the workers' union began raiding supermarkets and taking away food without pa
seems like spain and is concentrating his mind. it is there that as it is the greatest chance of a congregation. our economics editor is in madrid. >> this is a significant moment. there is a bailout fund for europe but is not enough to bail out madrid. they needed something bigger and that's something to print money by the ecb and buy out the bonds of italy and spain and anybody else who gets into trouble on an unlimited basis. mariano rajoy, the prime minister will take a lot of...
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to some extent certainly spain will need a bailout greece probably will need a third bailout. and then you have to go back to the bundestag because the court capture him in liability one hundred ninety billion euro sounds like a lot of money frankly it's not given the money they're going to need and it's some point somebody in the bow to stop it's going to get up and say this is madness we can no longer pay for the rest of europe you're beginning to see these points of friction coming out more and more and more often and as they do eventually you're going to have the problem to deal with totally donor weary supporters in the north and so i think that there's still a long way to go in this crisis because they haven't so all the ultimate problems these countries in the south remain on life support the countries in the north are going to have to pay for them forever until you get economic productivity on the table were just thrown plates in the air. people in the netherlands have decided to put their trust in the new voting in favor of to produce in union party a certain early ge
to some extent certainly spain will need a bailout greece probably will need a third bailout. and then you have to go back to the bundestag because the court capture him in liability one hundred ninety billion euro sounds like a lot of money frankly it's not given the money they're going to need and it's some point somebody in the bow to stop it's going to get up and say this is madness we can no longer pay for the rest of europe you're beginning to see these points of friction coming out more...
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Sep 30, 2012
09/12
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CSPAN2
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a city in northern spain in the basque country just below the pyrenees mountains that separate spain from france, in 1956 as one of the legacies of the spanish civil war with franco and all that, some of you know about, terrible poverty, terrible suffering in that part of spain. terrible unemployment. it's a little bit unique because it's a separate language group, it's a different ethnicity than spanish people in general and so forth. a catholic priest in that part decided to do something for the terrible problem of unemployment. by the way, the catholic priest's name -- to help you understand something -- was arris menty. they chose the name in honor of what i'm about to tell you. the priest in northern spain in a little town, which like all towns in that part of spain has two names, a spanish name and a basque name. so if you go there, you'll see the town, name of the town as you enter the town, and all towns are like that. okay. he took six workers, and he started a cooperative enterprise. 1956 this began. very clever. he did it in these mountainous areas where the spanish govern
a city in northern spain in the basque country just below the pyrenees mountains that separate spain from france, in 1956 as one of the legacies of the spanish civil war with franco and all that, some of you know about, terrible poverty, terrible suffering in that part of spain. terrible unemployment. it's a little bit unique because it's a separate language group, it's a different ethnicity than spanish people in general and so forth. a catholic priest in that part decided to do something for...
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and spain really let us stay as we want anything else god sends us don't hunt is over to the. dogs. he jokingly compare themselves to the herds of will the beast analog and zebras which cross the continent every year and attract thousands of european tourists to the spectacle although this man believes the average european would extend considerably more sympathy to zebra than to any one of dan's . playing god managed to survive but many die or disappear this is no good for people to like you. give us six metres high and eleven kilometers long these plants was built by spain in two thousand and five with a single goal of keeping the migrants all despite its formidable height hundreds still tried to climb it every week an estimated one in ten make it the rest of it fractures and broken bones a send back however that these guys have no other choice rather than to jump this founds let me know that's the worst thing they can do but there is no other choice in this fans with it so aberrate structure appeared in any other points within europe to say hunt for birds environmentalist want to
and spain really let us stay as we want anything else god sends us don't hunt is over to the. dogs. he jokingly compare themselves to the herds of will the beast analog and zebras which cross the continent every year and attract thousands of european tourists to the spectacle although this man believes the average european would extend considerably more sympathy to zebra than to any one of dan's . playing god managed to survive but many die or disappear this is no good for people to like you....
WHUT (Howard University Television)
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Sep 29, 2012
09/12
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WHUT
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this time in spain as the euro crisis strikes again. this week, clashes between protesters and spain as the government sets out its austerity budget for 2013. the country is now ungovernable? we look at florida, a crucial swing state in the upcoming election. david cameron reaffirms its commitment to sending 0.7% of gdp and foreign aid. can western countries afford to be so generous? and juliette binoche has returned to the london stage after 12 years. >> you can say any age because it is about passion and love. who you are. hello. a budget for a crisis to get us out of the crisis was the way the deputy prime minister described her government's actions. 40 billion euros worth of cuts by her government was met with the stress from the spanish peseta since all the european commission -- what nobody knows is whether the markets will be pacified. >> of spain has been bracing for this day, counting down to what they knew was going to be painful. tv stations have been cobbling little else for weeks. their viewers were shocked as the intensity
this time in spain as the euro crisis strikes again. this week, clashes between protesters and spain as the government sets out its austerity budget for 2013. the country is now ungovernable? we look at florida, a crucial swing state in the upcoming election. david cameron reaffirms its commitment to sending 0.7% of gdp and foreign aid. can western countries afford to be so generous? and juliette binoche has returned to the london stage after 12 years. >> you can say any age because it is...
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Sep 6, 2012
09/12
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WMPT
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. >> troubled economies like spain got thrown a lifeline to it. the european central bank said it stood ready to buy unlimited amounts of bonds to help bring down borrowing costs for countries like spain and italy. the market's bounce on news of an ambitious plan designed to ease the eurozone crisis -- the market's -- the markets bounced. six weeks ago, mario druggie promised to do whatever it takes to preserve the europe. today, explain how. >> we will have a fully effective backs up to avoid destructive scenarios with potentially severe challenges for price stability in the euro area. >> so how with the plan work? the ecb would buy unlimited government bonds from a eurozone country asking for help. that should drive down the country's borrowing costs, but there would be strings attached. nations would first have to request help from the eurozone's bailout fund, and except strict conditions such as austerity measures. >> on the streets of madrid today, protests against a visit by the german chancellor, angela merkel. they blame her for austerity.
. >> troubled economies like spain got thrown a lifeline to it. the european central bank said it stood ready to buy unlimited amounts of bonds to help bring down borrowing costs for countries like spain and italy. the market's bounce on news of an ambitious plan designed to ease the eurozone crisis -- the market's -- the markets bounced. six weeks ago, mario druggie promised to do whatever it takes to preserve the europe. today, explain how. >> we will have a fully effective backs...
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Sep 25, 2012
09/12
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CNBC
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we had the protesting happening in spain. we had worries about earnings for the third quarter because the quarter ends this week. and it all relates in a triple digit loss for the dow industrials. nasdaq gave up 43 points and the s&p 500 down 15. that will do it for me on the "closing bell." i hope you'll follow me on twitter and on google plus. stay right there because "fast money" is up next.
we had the protesting happening in spain. we had worries about earnings for the third quarter because the quarter ends this week. and it all relates in a triple digit loss for the dow industrials. nasdaq gave up 43 points and the s&p 500 down 15. that will do it for me on the "closing bell." i hope you'll follow me on twitter and on google plus. stay right there because "fast money" is up next.
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Sep 26, 2012
09/12
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FBC
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spain's capital city madrid overtaken by protesters today. thousands of people marching to parliament calling for fresh elections over the government's handling of the economic crisis. so how big a role does this political push back have in the european financial crisis? for insight i'm joined by a professor at the university of chicago. and professor, i thought we solved this problem already? what is going on? >> i left it to you, melissa. i'm really shocked it continued. melissa: but, on a very serious note, i mean we have sort of shored up the financial piece of this, a bit, right? but it looks like everything has blown up again. break down for me what is going on. >> there's a short-term liquidity crisis, meaning that the banks didn't have enough machine any, that sort of thing, that they were in danger. one of the really extraordinary things that mario draghi, the head of the european central bank, did this summer was really moved together with the leadership of the european union, led by, angela merkel, to shore up those short-term prob
spain's capital city madrid overtaken by protesters today. thousands of people marching to parliament calling for fresh elections over the government's handling of the economic crisis. so how big a role does this political push back have in the european financial crisis? for insight i'm joined by a professor at the university of chicago. and professor, i thought we solved this problem already? what is going on? >> i left it to you, melissa. i'm really shocked it continued. melissa: but,...
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Sep 23, 2012
09/12
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CSPAN2
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that separate spain from france. in 1956, as one of the legacies of the spanish civil war the franco and all of that that you know about, terrible poverty, terrible suffering in that part of spain. terrible unemployment, it's a little bit unique because it's a separate language group. it's a different ethnicity than spanish people in general and so forth. a catholic priest in that part decided to do something for a terrible problem of unemployment. by the way, the catholics priest name is -- i hope you understand was. [inaudible] that's why they have that name. they choose the name in honor of about what i'm to tell you. father -- a little town which like all towns has two names. a spanish name, and a bath name which in that came is [inaudible] so if you go there, you'll see the town name of the town as you enter the town [inaudible] -- [inaudible] all towns are ke that. okay. he took six workers and started a cooperative enterprise. 1956 is when he began. and very clever, he can d in the mountainous area with the sp
that separate spain from france. in 1956, as one of the legacies of the spanish civil war the franco and all of that that you know about, terrible poverty, terrible suffering in that part of spain. terrible unemployment, it's a little bit unique because it's a separate language group. it's a different ethnicity than spanish people in general and so forth. a catholic priest in that part decided to do something for a terrible problem of unemployment. by the way, the catholics priest name is -- i...
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reportedly mole's whether or not the country will need easy bond buying which would enter spain into the e.c.b. workhouse the crisis at the same time reportedly fuels the independence movement in this banished region of catalonia we'll have more let's get to today's capital account. today more hokus pokus in europe to report the e.s.m. is upheld but the decision adds a cap reportedly making large scale bailouts cost prohibitive it also reinforced buddhist dad beat zero power over activation and jose manuel barroso in his state of the union speech called for deeper integration in europe but in reaction we feel it was nigel farage that put it best but you make it clear the woes of asian state should continue to exist it mustn't has any democratic. yet the euro responded positively another example of this. and that example would be markets responding to policymakers not fundamentals where down left is right and the world resembles more of a wonderland then ality while earlier today for some reality i talked to godfrey blue member of the european parliament in u.k. independence party mem
reportedly mole's whether or not the country will need easy bond buying which would enter spain into the e.c.b. workhouse the crisis at the same time reportedly fuels the independence movement in this banished region of catalonia we'll have more let's get to today's capital account. today more hokus pokus in europe to report the e.s.m. is upheld but the decision adds a cap reportedly making large scale bailouts cost prohibitive it also reinforced buddhist dad beat zero power over activation and...
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Sep 27, 2012
09/12
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FOXNEWS
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and in spain one man is no master of disguise. he was trying to sneak over by hiding inside of the seat of the car. they touched the seat and felt a human . he and two others were taken boo custody. >> now a fox news alert. lock out is over. four months after being off of the field. rev rev's union reached a tentative deal with the nfl officials and back on the field tonight. steve heely has more now from outside of the home of the eagle necessary south philadelphia. good morning, steve . there will be a loud cheer for sunday night football when the giants come to play the eagles and probably for the eagles first touchdown and first appearance of the reg rev revs back in. replacement refs are out bad calls by those replacement refs and bad behavior of the coaches and league who spent so much money and time, seems to be what got the deal down. they will be back for the ravens ground game and the team of rev revs will get the loudest cheer than the home team. all 121 regular rev revs will meet in dallas tomorrow to ratify the eight
and in spain one man is no master of disguise. he was trying to sneak over by hiding inside of the seat of the car. they touched the seat and felt a human . he and two others were taken boo custody. >> now a fox news alert. lock out is over. four months after being off of the field. rev rev's union reached a tentative deal with the nfl officials and back on the field tonight. steve heely has more now from outside of the home of the eagle necessary south philadelphia. good morning, steve ....
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investors not surprisingly we saw protests in spain and spain is one of the worst performers out performing in other words doing worse than the footsie and bags this hour in europe on the currency markets the euro shedding to the greenback as spain holds off on asking for a bailout for now. ninety percent of north korea's eleven billion dollars debt most of which dates back to soviet times in return gets to invest in north korean energy health care and education but she's also interested in building a gas pipeline to energy hungry south korea via the north however the multi-billion dollar project is unlikely to take off while the north officially still at war has the latest with more stories for you next thanks very much anya will see you then buy back with the headlines and then i'll step aside for mr max keiser and the counterpoint. thank you. like millions of americans i've lost thousands of dollars in retirement funds and i haven't had as bad as many that's not just about them it's about me to. me ma'am. ya gotta show. up. and say oh. geez. need it. now. since this is my film i get the
investors not surprisingly we saw protests in spain and spain is one of the worst performers out performing in other words doing worse than the footsie and bags this hour in europe on the currency markets the euro shedding to the greenback as spain holds off on asking for a bailout for now. ninety percent of north korea's eleven billion dollars debt most of which dates back to soviet times in return gets to invest in north korean energy health care and education but she's also interested in...
WHUT (Howard University Television)
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Sep 6, 2012
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WHUT
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>> how important is this meeting for spain? further down the line, italy possibly. >> the spanish government argues that the crux of their problem at the moment are high borrowing costs. they cannot go to the market and get money at a sensible rate of interest. there are two scores of thought white spain's borrowing costs are so high -- thought why spaipn's borrowing costs are so high. >> some would say it is the ecb offering direct help to governments which it is not supposed to do and people in germany are now convinced. >> tom alluded to the problem. if you think the spanish problem is that its economy is out of kilter, that its problems stem from a housing boom financed by borrowing, if you believe that, the answer is that thing has to be sorted out the real measures. if you believe that it is something speculatively on the financial markets, then the ecb has a role. the head of the bank believes the former. he believes if you relieve pressure on spain by buying up its dead, making it easier for it to borrow money, then tho
>> how important is this meeting for spain? further down the line, italy possibly. >> the spanish government argues that the crux of their problem at the moment are high borrowing costs. they cannot go to the market and get money at a sensible rate of interest. there are two scores of thought white spain's borrowing costs are so high -- thought why spaipn's borrowing costs are so high. >> some would say it is the ecb offering direct help to governments which it is not supposed...
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are not spain or. out of our own we've already been in this country why what about the whole issue with the eurozone financial turmoil is dead shows no signs of stopping we've seen the protests in madrid and we've also seen them in greece as well in madrid over a million people on the streets calling for the independence of catalonia it is much of the eurozone for tea to blame for that as well. he's not. going to request going to some other big room we have home real to speculate sinus pain. relief of disappointing show the only way that all through us. south korean society and the society that takes these own lives he sure is to have any given gun free the european union friendship with spain we denmark we could believe with forty one and all the other eleven and gone through seen europe i mean there will be no we have to be the same as them are on novelty ab that is not so we going to go through all of our all way so ultimately you want your own way you want some dignity self-respect to move on indep
are not spain or. out of our own we've already been in this country why what about the whole issue with the eurozone financial turmoil is dead shows no signs of stopping we've seen the protests in madrid and we've also seen them in greece as well in madrid over a million people on the streets calling for the independence of catalonia it is much of the eurozone for tea to blame for that as well. he's not. going to request going to some other big room we have home real to speculate sinus pain....
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Sep 28, 2012
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let's shift attention over to spain where we had the budget yesterday. generally speaking people were very favorable about the budget, but -- us asterity measures were those ones this would be conditions for a bailout. so a bailout was coming along and so therefore that's what happening. however, the next thing in line, probably after the market's closed, got to be the stress test on the banks. nobody really knows how deeply in debt banks are. how much bad debt they've got out there. could be anything, 150 billion euros there talking about an enormous. >> talking to banks, i'm thinking of the trouble that banks are getting themselves into over this liable scandal. >> yes. will, libel, of course the race at which the banks lend to each other, and it was established by the british banks and them saying this is what we're lending out. they roughly average it together, come out with the libel rates. they're now changing the way that's being organized because it must be run in a self regulatory fashion. they're going to stop that. but the way in which it used
let's shift attention over to spain where we had the budget yesterday. generally speaking people were very favorable about the budget, but -- us asterity measures were those ones this would be conditions for a bailout. so a bailout was coming along and so therefore that's what happening. however, the next thing in line, probably after the market's closed, got to be the stress test on the banks. nobody really knows how deeply in debt banks are. how much bad debt they've got out there. could be...
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and spain's wealthiest region of god the lonny approves an independence referendum as a disintegrating economy and a fresh round of austerity spaniards in despair. twenty four hours a day seven days a week this is our team the jewel of words between iran and israel rares its ugly head again that the u.n. general assembly with prime minister netanyahu taking the opportunity to slap to wrong with harsh rhetoric addressing the chamber these radio leader has called on a red line to be said for iran's alleged nuclear drive more on that from our teaser marina but now i am is keeping a close developments in new york for us good to see you again the merino it seems the netanyahu even use a problem to make his point. that's right israeli prime minister benjamin netanyahu addressed the general assembly and actually pulled out a picture of a bomb went right for in saying his concerns over iran's nuclear program the israeli prime minister pulled out this picture and drew a red line eventually he said that iran has seventy percent of an renia of the uranium it needs to actually make a nuclear bomb
and spain's wealthiest region of god the lonny approves an independence referendum as a disintegrating economy and a fresh round of austerity spaniards in despair. twenty four hours a day seven days a week this is our team the jewel of words between iran and israel rares its ugly head again that the u.n. general assembly with prime minister netanyahu taking the opportunity to slap to wrong with harsh rhetoric addressing the chamber these radio leader has called on a red line to be said for...
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six metres high and eleven kilometers long these plants was built by spain in two thousand and five with a single goal of keeping the migrants of despite its formidable hide hundreds still try to climb it every week an estimated one in ten make it the rest with fractures and broken bones a stone back fell in with these guys have no other choice rather than to jump this founds they know that's the worst thing they can do but there is no other choice in this france where there is so aberrate structure buried in any other place within europe to say hunt for birds environmentalist not going to banda no time here it's being used to hans people and quite often it becomes a deadly trap poverty and no prospects have driven africans northward through decades but recent events in the region made their situation worse in the past up to eighty percent of sub-saharan africans move through libya many settling their thanks to more market after span african policies i think they were better off in libya. gadhafi there's no doubt about that of the new regime that's green. africans who work at jobs say li
six metres high and eleven kilometers long these plants was built by spain in two thousand and five with a single goal of keeping the migrants of despite its formidable hide hundreds still try to climb it every week an estimated one in ten make it the rest with fractures and broken bones a stone back fell in with these guys have no other choice rather than to jump this founds they know that's the worst thing they can do but there is no other choice in this france where there is so aberrate...
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and madrid turned to a battlefield as turns of thousands of their rage over a state received while spain may lose one of its biggest regions catalonia because of its tonnage more. international news live from moscow this is also here with me thanks for joining us the u.n. general assembly meeting which is currently underway in new york seeing not only world leaders taking the stage. was unable to leave the ecuadorian embassy in london despite being granted political asylum still found a way to speak of his course to the international body they whistle blower's a draft was broadcast exclusively by altie. brings us the highlights award i have to say. this is a man who only on wednesday with described by the united states as an enemy of the state just a few hours later he was speaking to the united nations he gave quite an emotive speech saying that he was speaking as a free man soli thanks to the efforts of ecuador which of course has offered him asylum and he's currently staying in the embassy here in london he was very hard on president obama he said that there had been more offenses aga
and madrid turned to a battlefield as turns of thousands of their rage over a state received while spain may lose one of its biggest regions catalonia because of its tonnage more. international news live from moscow this is also here with me thanks for joining us the u.n. general assembly meeting which is currently underway in new york seeing not only world leaders taking the stage. was unable to leave the ecuadorian embassy in london despite being granted political asylum still found a way to...
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. >> in spain, thousands around the parliament. police charged the crowd. 35 are arrested and 60 are injured. then living under drones. >> droens cause death to civilians and terrorized entire populations. >> we need to rethink our policies in light of the disastrous impact the drone strikes are having. >> in major new report on the secret war in pakistan says the effects have killed far more civilians than acknowledged. we will go to stanford and new york university. then we look at why the wisconsin gov. once you in a unionized referees back. >> who has it? who will they give it to? >> as replacement refs blow a critical call, we will speak to dave zirin. all of that and more coming up. welcome to democracy now!, democracynow.org, the war and peace report. i'm amy goodman. syrian rebels have bombed a military command building in damascus, the latest in a series of attacks targeting the regime of president bashar al-assad. the rebels claimed dozens of forces were killed, while the regime says several people were wounded. greek wor
. >> in spain, thousands around the parliament. police charged the crowd. 35 are arrested and 60 are injured. then living under drones. >> droens cause death to civilians and terrorized entire populations. >> we need to rethink our policies in light of the disastrous impact the drone strikes are having. >> in major new report on the secret war in pakistan says the effects have killed far more civilians than acknowledged. we will go to stanford and new york university....
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but spain has resisted accepting conditions imposed from outside. part of the strategy behind today's budget was to adopt tough measures voluntarily in the hope no more would be needed in the event the country needed a bailout >> when i come to request a bailout, the european union set out conditions. but say, the spanish government is already volunteering to implement those conditions. >> you do not need to travel far to discover the death of spain's problems. this is a population of just 2100 people. its debts are 6 million joerres, however. these public-sector workers are not being paid. >> i have not been paid since october, 2011. -- october, 2011, said this administrator. >> how do you survive without being paid? >> my parents and partner are paying the mortgage. family helps, yes. my parents, i live with them. this week, the frustration has fuelled large protests. the government is caught in a dilemma. the mounting austerity, but it also fears of the humiliation of asking for a bailout. spain may be cutting its spending, but unrest is rising.
but spain has resisted accepting conditions imposed from outside. part of the strategy behind today's budget was to adopt tough measures voluntarily in the hope no more would be needed in the event the country needed a bailout >> when i come to request a bailout, the european union set out conditions. but say, the spanish government is already volunteering to implement those conditions. >> you do not need to travel far to discover the death of spain's problems. this is a population...
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economy and a fresh round of austerity leave spain in despair. it's not a crime here in moscow you're watching r t with me to say the world's top whistleblower julian a son just found a way to make his own address at the u.n. general assembly from his shelter in the ecuadorian embassy in london he used a video link provided by our teachers speak to the world leaders gathered in new york r.t. self-worth has the details of this unprecedented statement. it's a story this demanded to be heard incessantly r.t. have refused to ignore it having followed every detail of julian assange just case from the very beginning we last night the un listened as the wiki leaks founder delivered his impassioned appeal to see the un to the people who were gathered there calling on the u.s. to end its persecution of wiki leaks and of the man himself now he spoke via satellite link from the ecuadorian embassy in london where he's being for more than three months now as he fights his extradition he just the u.n. assembly in the great gather there are t. were exclusively
economy and a fresh round of austerity leave spain in despair. it's not a crime here in moscow you're watching r t with me to say the world's top whistleblower julian a son just found a way to make his own address at the u.n. general assembly from his shelter in the ecuadorian embassy in london he used a video link provided by our teachers speak to the world leaders gathered in new york r.t. self-worth has the details of this unprecedented statement. it's a story this demanded to be heard...
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madrid to turn to our battlefield that turns up thousands of burned their rage over austerity while spain may lose one of its biggest regions canceling any of because of the financial. news from russia and around the world this is r.t. with me hello and welcome to the program it's not only world leaders taking the stage of the un train or assembly meeting in new york from his battle bunker inside the ecuadorian embassy in london the world's top whistleblower julian our son is still found a way to speak out for his cause to the international body thanks to a little help from marty and the south joins us now live from london with the details nice to see a sour so doesn't speak for the public too frequently given the circumstances but we're still hear from him occasionally so what's special about this latest address . well it's a story this demanded to be heard and certainly r.t. have refused to ignore it having followed every detail of julian assange and this case from the very beginning well last night the un listened as the wiki leaks founder delivered his impassioned appeal to see the un
madrid to turn to our battlefield that turns up thousands of burned their rage over austerity while spain may lose one of its biggest regions canceling any of because of the financial. news from russia and around the world this is r.t. with me hello and welcome to the program it's not only world leaders taking the stage of the un train or assembly meeting in new york from his battle bunker inside the ecuadorian embassy in london the world's top whistleblower julian our son is still found a way...
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athens and madrid turn to a bottle filled tires of thousands abandoned their range of austerity while spain may lose one of its biggest regions cut alone idea because of the financial turmoil . international news and comment live from moscow this is also he was me hello and welcome to the program it's no surprise syria has been the most heated issue addressed at the u.n. general assembly meeting in new york and britain is added to the voices that are calling for the removal of the assad regime that's while the recent deadly blasts carried out by the rebels in damascus have remained largely ignored by the international community. has been following the second day of the high profile gathering for us. the prime minister of britain addressed the general assembly a centrally reiterating a conversation that began by u.s. president barack obama and the french president said just twenty four hours ago the u.s. and its western allies are very much pushing for more sharla side the president of syria to step down they've all said in different words that his time is to go is now and that he and his go
athens and madrid turn to a bottle filled tires of thousands abandoned their range of austerity while spain may lose one of its biggest regions cut alone idea because of the financial turmoil . international news and comment live from moscow this is also he was me hello and welcome to the program it's no surprise syria has been the most heated issue addressed at the u.n. general assembly meeting in new york and britain is added to the voices that are calling for the removal of the assad regime...
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pain in spain the testers are brutally beaten in madrid as police try to stop thousands from storming the country's parliament in anger over a partial sterrett cuts. from calls to step down to threats of intervention harsh rhetoric towards the syrian regime dominates the un gathering but fails to bring countries any closer to finding a solution to the crisis. and the perks of being a minister top british politicians get caught up in scandals over their business links as they just can't seem to get their hands out of the cookie jar. in the russian capital you're watching r t on marina joshie madrid has turned into a conflict zone as fierce clashes between enraged protesters and police and gulf the spanish capital dozens have reportedly been injured in the violence with scenes of police brutality seen in the crowds it all comes after thousands took to the streets to rage against the stary call backs and tax hikes are just sick of grief was in the middle of it all. tens of thousands of people were out on the streets in numbers but then it turned someone on it was so protesters throwing p
pain in spain the testers are brutally beaten in madrid as police try to stop thousands from storming the country's parliament in anger over a partial sterrett cuts. from calls to step down to threats of intervention harsh rhetoric towards the syrian regime dominates the un gathering but fails to bring countries any closer to finding a solution to the crisis. and the perks of being a minister top british politicians get caught up in scandals over their business links as they just can't seem to...
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has inspired the czech republic to victory over argentina to set up a davis cup final with holders spain the czechs went into sunday with the two want to vantage needed just one more win for victory and julie obliged they straights it almost belonged in buenos aires the argentinian was standing in for the injured when martin del potro but couldn't stay with burdett who won the first two sets six three before going on to take the thirty six for victory the czechs will now have the final against defending champions spain knows that. green and research are a breeze a growth it's you know grow really gives us it gives us so much for the future i'm really excited to be a farmer again. well in the meantime spanking the three one win over the united states in this i may finally after david farah came from a set down against johnny's need to secure the time is a started well taking the first set seven six but he was slamming down his racket in frustration by the end after making seventy unforced errors going on to win four sets and remaining on baden on play in this competition spain stay on cou
has inspired the czech republic to victory over argentina to set up a davis cup final with holders spain the czechs went into sunday with the two want to vantage needed just one more win for victory and julie obliged they straights it almost belonged in buenos aires the argentinian was standing in for the injured when martin del potro but couldn't stay with burdett who won the first two sets six three before going on to take the thirty six for victory the czechs will now have the final against...
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spain says they will ask for around 40 billion euros of the total sum, while the rest may be able to be raised by the banks themselves. the european commission welcomed the results. >> let's take a look at markets. european shares were on a bit of a roller coaster ride this friday. after moving higher in early trading, that ultimately finished the week on a down note. our correspondent sent us this summary from frankfurt. >> spain remains in the focus of international investors, also here on the frankfurt floor where shares fell sharply today. in the morning, investors cheered the austerity measures that the spanish government has decided, but the stress test for spanish banks dragged down the mood here for shares. further on, there has been a lot of speculation going on that the big rating agencies could downgrade spain again. this would lead to higher yields and would be very difficult for spain in this situation. >> we stay in frankfurt for a quick run through the numbers. the dax plunged, as we saw there, in the afternoon session, down by a full percent at the closing bell. euro
spain says they will ask for around 40 billion euros of the total sum, while the rest may be able to be raised by the banks themselves. the european commission welcomed the results. >> let's take a look at markets. european shares were on a bit of a roller coaster ride this friday. after moving higher in early trading, that ultimately finished the week on a down note. our correspondent sent us this summary from frankfurt. >> spain remains in the focus of international investors,...
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spain's two biggest cities have had disruptions of transport services. subway workers went on strike in madrid and barcelona. hundreds of city services were canceled. welcome thisnoisy morning in madrid. the police faced up to rail workers and protested against possible plans to privatize spain's rail network. elsewhere, things went quiet. some services were canceled as those working on the railways went on strike. >> it is complicated. >> i think the strike is there. they want to privatize the rail sector, and i don't think that is right. >> spain has one of the best high-speed rail networks in the world. the unions fear the government plans to -- they believe it would mean job losses and rising fares. over the weekend, thousands of public-sector workers and others demonstrated against the spanish government's austerity reform. the unions warned of more protests. but the government here in madrid shows no signs it is ready to change its agenda of the austerity. in fact, towards the end of this month, the economy minister will announce yet more economic
spain's two biggest cities have had disruptions of transport services. subway workers went on strike in madrid and barcelona. hundreds of city services were canceled. welcome thisnoisy morning in madrid. the police faced up to rail workers and protested against possible plans to privatize spain's rail network. elsewhere, things went quiet. some services were canceled as those working on the railways went on strike. >> it is complicated. >> i think the strike is there. they want to...
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so it's up to spain to do that. but for spain, it's very important also that they continue the path of economic reform and austerity because this is the structural approach. >> and joining us, senior european economy at jeffries international. thanks very much for joining us. is the pressure off spain having to agree to a deal now? >> pressure seems to be off. markets have reacted very positively so for the time being it seems like we're in limbo where the ecb is waiting for spain to step up and ask for a bailout, but we're not really -- we're for the quite sure what the timing of that response will be from spain. so basically just waiting for spain to respond. >> it would seem it's going to be markets that push spain into a response here. it will be yields back above 6% or something like that. what might be the catalyst for that kind of move, that kind of risk off mood to play out in markets? >> one important catalyst could be the downgrade from moody's. we're basically waiting for some sort of comment either in la
so it's up to spain to do that. but for spain, it's very important also that they continue the path of economic reform and austerity because this is the structural approach. >> and joining us, senior european economy at jeffries international. thanks very much for joining us. is the pressure off spain having to agree to a deal now? >> pressure seems to be off. markets have reacted very positively so for the time being it seems like we're in limbo where the ecb is waiting for spain...
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absolute need to preserve the euro zone but is that possible today i mean you've just spoken about spain with so i can add it to the we've seen how people are out on the streets we saw yesterday lows of protesters out in madrid saying we got to end this this week this has to stop other necessary structural changes aside that people are still as enthusiastic about these you know these changes these austerity is bailing out everybody. yeah i don't believe we're past the point where the policymakers in europe can effectively deal with the situation besides the fact that europe is ill equipped equipped institutionally to deal with a crisis like this it's not even a nation say it's a super state but taking that aside i think that even anywhere else this would just be too much and i think that the markets are going to take over and they're already doing that in the bond market that's why they pushed countries like greece out portugal but i think that eventually the solution is just going to come from there there's going to have to be some bottom written and there's going to have to be a debt w
absolute need to preserve the euro zone but is that possible today i mean you've just spoken about spain with so i can add it to the we've seen how people are out on the streets we saw yesterday lows of protesters out in madrid saying we got to end this this week this has to stop other necessary structural changes aside that people are still as enthusiastic about these you know these changes these austerity is bailing out everybody. yeah i don't believe we're past the point where the...